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Find a Bingham Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Bingham? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Bingham home move at risk of delay or failure.

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Recently asked questions about conveyancing in Bingham

Should commercial conveyancing searches reveal impending roadworks that may impact a commercial site in Bingham?

Its becoming the norm that commercial conveyancing solicitors in Bingham will execute a SiteSolutions Highways report as it dramatically cuts the time that conveyancers spend in sourcing accurate data on highways that impact buildings and development assets in Bingham. The search result provides definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Bingham.

For every commercial conveyancing transaction in Bingham it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately can cause delays to Bingham commercial conveyancing deals as well as pose a risk to future plans for the site. These searches are not ordered for domestic conveyancing in Bingham.

It has been 3 months since my purchase conveyancing in Bingham completed. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £215,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

Yesterday I discovered that there is a flying freehold element on a property I have offered on last month in what should have been a simple, no chain conveyancing. Bingham is where the house is located. Can you offer any assistance?

Flying freeholds in Bingham are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Bingham you must be sure that your lawyer goes through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Bingham may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.

Taking into account that I will soon spend 450k on 3 bedroom house in Bingham I wish to talk to a lawyer regarding thehouse move prior to instructing the firm. Can this be arranged?

We could not agree more - it is our preference to talk to you we do not take any clients on without you speaking to the conveyancer who will be conducting your conveyancing in Bingham.There is no ‘factory style conveyancing’ - each client is an important person, not a file number. The law firms that we put you in touch with believe that the fees you are provided with for residential conveyancing in Bingham should be the figure that you are charged.

Completion is due on our sale of a £475,000 garden flat in Bingham on Wednesday in a week. The freeholder has quoted £348 for Landlord’s certificate, building insurance schedule and 3 years service charge statements. Is it legal for a freeholder to charge such fees for a leasehold conveyance in Bingham?

Bingham conveyancing on leasehold maisonettes often necessitates the purchaser’s lawyer sending enquiries for the landlord to answer. Although the landlord is not legally bound to answer these enquiries most will be willing to assist. They are at liberty to levy a reasonable charge for answering questions or supplying documentation. There is no set fee. The average costs for the information that you are referring to is £350, in some cases it is in excess of £800. The administration charge invoiced by the landlord must be accompanied by a summary of rights and obligations in respect of administration charges, without which the charge is not strictly payable. Reality however dictates that one has no option but to pay whatever is demanded should you wish to exchange contracts with the buyer.

I am the registered owner of a ground floor flat in Bingham, conveyancing was carried out 6 years ago. How much will my lease extension cost? Similar flats in Bingham with an extended lease are worth £176,000. The ground rent is £50 per annum. The lease ends on 21st October 2104

With just 80 years remaining on your lease the likely cost is going to be between £8,600 and £9,800 as well as professional fees.

The figure above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more detailed investigations. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first getting professional advice.

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Find out more about how flying freehold can affect your the value of a property.